Cyprus Property News

Cyprus property news.

We give sharp, insightful comments on issues affecting the Cypriot property market. No nonsense reflection of current events and market trends as well as news on property tax and general legalization changes in Cyprus.

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Cyprus Property News

Resale Properties are at the heart of Cyprus Passport Scheme.

Date: 07/11/17

The Cyprus Citizenship by Investment programme is proving popular with more than 400 passports being issued under the scheme last year alone.

The various choices available to a foreign investor
are many, ranging from real estate to government bonds and investments in
Cypriot companies. But which option gives the international investors the best
chance of seeing a good return on their money?

Our award-winning estate agency helps
several families every year in obtaining a Cypriot passport by investing €2
million or more in real estate. These smart investors have placed resale
properties at the center of their real estate portfolio. Crucial to this kind
of investment is the fact that not just new properties from a developer can be
used within the programme, but also resale properties. To Anyone who has
compared our properties to those sold through a development company will be
well aware of the advantages of the resale market. Our resales properties always
win on better price, are not subject to VAT and regularly come with TITLE
DEEDS. With real market prices being paid for resales, the overinflated
developer’s properties are quickly forgotten about.

Armed with a portfolio of resale properties
the smart investor can sell the whole property portfolio (excluding the primary
residence of at least 500,000 Euro) after 3 years returning most of the money
back. Unlike new properties from developers, our liquid resales are easily
converted back to cash and provide a good yield for rentals.

Our agency offers only very carefully chosen
resale properties that are excellent investments for all. No matter what is
your reason for buying a property in Cyprus – a dream holiday home, a permanent
residence in the sun or an investment for immigration reasons – you will always
find the best properties with “Cyprus Resales” estate agents.